Money Market Account Rates

Earn 3.51% APY for 6 months.

Applying typically takes 10 minutes or less.

Get an exclusive interest rate on this money market account to jump start your savings mission.

Kick your savings into the next gear. Take advantage of our six-month introductory rate when you deposit at least $15,000*. After that period, your money continues to grow at a rate that's typically higher than a regular savings account.

Armed Forces Bank's Premier Money Market savings account offers the ideal blend of growth and liquidity. Access high interest rates without locking up your funds over time, so you'll always have access to your money when you need it. And if you can't invest $15,000 right now, you can still open this money market account with $25 to start growing your money at our competitive interest rates.

Dig into the Money Market Account details

Interest compounds and credits monthly to your account, accelerating your savings growth

Use these funds to invest your Individual Retirement Account (IRA) or Education Savings Account (ESA)

Leverage your Premier Money Market Account as overdraft protection on your Armed Forces Bank checking account

Enroll in Saving Cents so your debit card purchases round up and the change goes into your Premier Money Market Account automatically

Premier Money Market Account Rates

Minimum Balance	Annual Percentage Yield
$0.01 to $9,999.99	0.90%
$10,000 - $24,999.99	0.95%
$25,000 - $49,999.99	1.04%
$50,000 - $99,999.99	1.15%
$100,000 - $249,999.99	1.50%
$250,000 and up	2.05%

The Annual Percentage Yield (APY) shown is accurate as of . The interest rate and annual percentage yield are subject to change daily. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks). Interest will be compounded monthly and will be credited to the account monthly. Fees may be charged to the account, which could reduce earnings on the account. If you use mobile banking to access your account, message and data rates charged by your mobile carrier may apply.

Check more specs on the Money Market Account

Minimum $25 deposit to open the account
Maintain a $1,000 minimum balance per monthly statement cycle and the $10 monthly service charge will be waived
Six transactions per statement cycle are allowed¹
Access free eStatements through Online Banking and Mobile Banking, or opt for $5 paper statements
Up to $100,000 ACH funding possible when opening online²
Closing your account within 90 days of opening will result in a $25 early closure fee

More to know about Money Market Accounts

Is a Money Market Account Right for you?

How does a Money Market Account work?

Using a Money Market to Save for a rainy day.

*Annual Percentage Yield (APY) is accurate as of . Promotional rate is effective for 6 months from the opening date of a new Premier Money Market account. To receive the introductory rate, account must be opened with a minimum of $15,000 or for existing Money Market accounts, a minimum additional deposit of $15,000 is required that cannot be transferred from an existing account. Maximum deposit eligible for promotional rate is $3,000,000. The rate may change after the account is opened. Fees charged to the account could reduce the earnings on the account. If the account is closed prior to the interest payment date, no interest will be paid.

1 Excessive withdrawal fee of $10 per item over 6 withdrawals per statement cycle.

2 A $100,000 limit is in place for ACH transactions when funding a Premier Money Market account. No international transfers. A monthly service charge of $10 will be imposed every month or statement period if the balance in the account falls below $1,000 on any day of the month or statement period.

FDIC-insured up to the maximum allowed by law